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Perrigo, Colgate-Palmolive and Raptor rise; Citigroup slips

Posted September 12

— Stocks that moved substantially or traded heavily on Monday:

Perrigo Co., up $6.52 to $95.23

Activist investment firm Starboard Value said it has bought 4.6 percent of Perrigo's stock.

Agrium Inc., down $2.57 to $92.64

Agrium said it will combine with competitor Potash Corp. of Saskatchewan to make the world's largest crop nutrient maker.

Colgate-Palmolive Co., up $1.92 to $72.78

Investors bought investments that they see as low-risk, including household goods companies.

Energy Transfer Partners LP, down $1.19 to $37.95

The federal government temporarily stopped construction of a pipeline the company wants to build.

HP Inc., up 54 cents to $14.49

The computer and printer maker agreed to buy Samsung's printer business for $1.05 billion.

Wells Fargo & Co., down 18 cents to $48.54

Banks lagged the market as investors tried to figure out if interest rates will start to rise soon.

Raptor Pharmaceutical Corp., up $1.53 to $8.98

Horizon Pharma said it will buy the rare disease drugmaker for $9 per share, or about $768 million.

Open Text Corp., up $5.38 to $65.15

The software company said it will buy a unit of Dell EMC for $1.62 billion.

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